XBNUSD News

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Last Updated Date: 18 May 2021 @ 9:50 AM (UTC)
*Please note that all the dates are in GMT time zone

The market remains in a bear trend. Near term trade has been trying to bounce/bottom against previous swing low support levels around 988.80. Holding a close over 1213.28 gives positive signals. A close over 1282.00 will boost retracements near 1361.44. However, the overnight drop alerts for a possible bear turnover. Closes under 988.80 should renew a selling wave into new lows ⇒ 755.15.

 
 
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